Al-Jouf Agricultural Development Co. announces its Interim Financial Results for the Period Ending on 2022-06-30 ( Six Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	64,025	55,701	14.94	60,409	5.99
Gross Profit (Loss)	20,135	16,749	20.22	31,880	-36.84
Operational Profit (Loss)	7,487	4,412	69.7	17,903	-58.18
Net Profit (Loss) after Zakat and Tax	6,827	3,444	98.23	15,232	-55.18
Total Comprehensive Income	6,827	3,444	98.23	15,232	-55.18
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	124,433	117,063	6.29
Gross Profit (Loss)	52,015	29,229	77.96
Operational Profit (Loss)	25,391	8,200	209.65
Net Profit (Loss) after Zakat and Tax	22,059	7,282	202.93
Total Comprehensive Income	22,059	7,282	202.93
Total Share Holders Equity (after Deducting Minority Equity)	649,681	615,416	5.57
Profit (Loss) per Share	0.74	0.24
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The increase in net profit for the current quarter 2022 compared to the similar quarter last year due to the increase in sales , the improvement in profit margin , the decrease in selling and distribution cost and the increase in other revenues, despite the increase in general and administrative cost and the increase in Zakat expense.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is	The Decrease in net profit during the current quarter compared to the previous quarter of 2022 due to the decrease in profit margin because of the increase in agricultural sales during the current quarter compared to the previous quarter which have a lower profit margin than the industrial sales, in addition to the increase in Zakat expense ,despite the decrease in selling and distribution cost and the increase in other revenues .
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	The increase in net profit for the current period compared to the similar period last year due to the increase in sales, the improvement in profit margin, despite the increase in selling and distribution cost, the increase in general and administrative cost, the decrease in other revenues and the increase in Zakat expense.
Statement of the type of external auditor's report	Unmodified conclusion
Reclassification of Comparison Items	Certain comparative figures for the previous period have been reclassified to conform to the way they are presented for the current period.

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